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Business

Russia's pirate fighters running to stand still as illicit industry booms

MOSCOW (AP): When The Da Vinci Code'' premiered in Moscow, Konstantin Zemchenko started his count.

Business

Arrest of Internet star exposes Japan's need for securities commission

TOKYO: The arrest of Japan's most popular startup star has highlighted a startling weakness here: The world's second largest economy has no independent body that regulates its stock market.

Business

President of Japanese Internet company Livedoor denies wrongdoing

TOKYO: The president of Japanese Internet company Livedoor denied any wrongdoing Tuesday morning, after the company was raided the previous evening by the Tokyo prosecutors office over suspected securities law violations.

Business

Google, Microsoft, Sun to fund new Internet lab

Google Inc. and Microsoft Corp. are setting aside their bitter animosity to back a new Internet research laboratory aimed at helping entrepreneurs introduce more groundbreaking ideas to a mass audience.

Business

Japan's main airport, companies face raids over alleged bid-rigging

TOKYO: Authorities launched raids Thursday aimed at Japan's main international airport and several electronics companies over suspected bid-rigging in electrical installation projects at the airport, media reports and company officials said.

Business

India denies reports of probe into price-rigging in stock market

India's finance minister said he didn't know of any stock scams and regulators told investors not to panic Friday, denying reports of an investigation into share-rigging a day after prices fell sharply on rumors of a government probe.

Business

Intel's second-quarter earnings jump 16%

Intel Corp.'s second-quarter earnings grew 16 percent and sales jumped to a record $9.23 billion (euro7.71 billion) as the world's largest chip maker continued to profit from the rising popularity of notebook computers and growth in emerging markets.

Business

European antitrust regulators search offices of Intel

European regulators raided Intel Corp. offices in Britain, Germany, Spain and Italy, two weeks after rival U.S. chipmaker Advanced Micro Devices filed lawsuits in Japan and the United States claiming Intel violated antitrust rules.

Business

China pledges anti-piracy drive

China has pledged to 'significantly reduce' widespread piracy and counterfeiting of US goods that cost American companies billions of dollars annually, a US trade official said on Wednesday.

Business

Canon makes China the focal point in Asia

ASIA, which contributed 10%, or US$3.05bil to Canon group's total sales last year, is expected to be a significant region in the camera and office equipment manufacturer's expansion plan in the next five years.